---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-001831"
form_type: "8-K"
ticker: "RVYL"
cik: "0001419275"
company_name: "RYVYL Inc."
filed_at: "2025-11-21T23:59:59+00:00"
generated_at: "2026-05-16T17:35:54.408845+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Court grants preliminary approval of RYVYL derivative litigation settlement

## Summary
- On Nov 14, 2025, Southern District of California (Judge Curiel) granted preliminary approval of settlement of shareholder derivative actions filed in 2023.
- Settlement covers consolidated federal action (Case No. 3:23-cv-01165-GPC-SBC) and related Nevada state court litigation in Clark County.
- Stipulation and Agreement of Settlement was executed on September 30, 2025; final settlement hearing date yet to be set.
- No monetary or specific governance terms of the settlement were disclosed in the filing or press release.
- The settlement resolves claims against certain current and former officers and directors of RYVYL.

## SEC filing metadata
- accession: 0001185185-25-001831
- form_type: 8-K
- ticker: RVYL
- cik: 0001419275
- company_name: RYVYL Inc.
- filed_at: 2025-11-21T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419275/000118518525001831/0001185185-25-001831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419275/000118518525001831/rvyl8k112025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-001831
- JSON: https://secwatch.observer/filing/0001185185-25-001831.json
- Plain text: https://secwatch.observer/filing/0001185185-25-001831.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.